RedStone has just lately introduced a strategic collaboration with Monad, an unique L1 blockchain that provides ultra-high-performance consensus and execution. The partnership between RedStone and Monad focuses on supporting the Monad testnet with the supply of pull and push knowledge distribution fashions on the mainnet. The platform took to its official social media account to supply insights into this initiative.
Gminers 🤝 Gmonad
RedStone is proud to announce its help for @monad_xyz testnet. Each fashions, Push and Pull shall be obtainable from day 1 on the mainnet.
Quick integration is a chief instance of the flexibleness our modular design permits.
Be taught extra beneath 👇 https://t.co/9bgGsb0sYD pic.twitter.com/8M7CozNbU2
— RedStone Oracles ♦️ (@redstone_defi) August 8, 2024
RedStone Oracles and Monad Be a part of Forces for Efficient Blockchain Integration
In its newest sequence of X posts, the platform disclosed that this partnership denotes an important landmark. It reportedly contributes to the progress within the infrastructure relating to decentralized finance. Monad operates as a singular L1 blockchain that prioritizes decentralization with none compromise on efficiency. Dissimilar to rollups, as they often centralize the manufacturing of blocks, Monad ensures true decentralization.
On this respect, the platform allows block manufacturing in a decentralized method. The respective method improves censorship resistance together with aligning with the essential rules coping with blockchain know-how. The structure of Monad focuses on delivering fast execution together with resilient consensus mechanisms. This makes it an appropriate platform to energy cutting-edge DeFi functions.
RedStone stands among the many top-growing oracles and performs an important position in guaranteeing the prime quality of the information that it delivers on-chain. With the combination of the options regarding modular oracles with Monad, the platform ensures the reliability and accuracy of knowledge that’s mandatory for DeFi functionalities. The supply of pull and push fashions from the preliminary testnet section represents the flexibleness of the design of RedStone.
It additionally denotes its dedication to backing the newest blockchain ecosystems. The partnership particularly facilitates builders to construct on the platform of Monad. RedStone supplies knowledge for greater than 1,100 property, providing builders a broad vary of integration choices. This broad asset protection comes simultaneous to the status of RedStone for high-reliability knowledge.
The Collaborators additionally Conduct a Twitter Areas Occasion for Neighborhood Engagement
Therefore, this turns it right into a useful resource for tasks concentrating on to profit from the high-performance capabilities of Monad. The platform added that, for neighborhood engagement and the supply of insights relating to this collaboration, each entities are reportedly organizing a Twitter Areas occasion.
